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TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
RUSSIAN DUTIES ON METAL, TIMBER AIMED AT WINDFALL
John Helmer |
The introduction early this month of 10 percent export duties on a range of Russian nonferrous metal
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ROYAL & SUNALLIANCEErnest C. Frohboese has been named chief investment officer of the Britis
FREIGHT RATE FUTURES
JOC Staff |
Jan. 14, 1999Baltic International Freight Futures Market Prev.Close High Low
Maritime
SALAMI MAKER WINS EXPANSION APPROVAL
JOC Staff |
The purchase by Hungary's salami maker Pick Szeged Rt. of paprika producer Szegedi Paprika Rt. has b
Maritime
BETHLEHEM STEEL UNVEILS INTERMODAL TERMINAL FOR NS
Journal Of Commerce Staff |
Bethlehem Steel Corp. has created an intermodal terminal designed to be an operating hub for rail-tr
BNSF CEMENTS INTERNATIONAL ROUTE WITH TEX-MEX AGREEMENT
Rip Watson |
Texas-Mexican Railway Co. and Burlington Northern & Santa Fe Railway Co. have signed a five-year int
OLD DOMINION BUYS SOME SKYLINE ASSETS
JOC Staff |
Old Dominion Freight Line Inc. acquired selected assets of Skyline Transportation Inc.'s consolidate
CANADIAN NATIONAL SELLS LINE TO QUEBEC RAILWAY
JOC Staff |
Canadian National Railway is selling a 118-mile line to short-line rail operator Quebec Railway Corp
MAINTENANCE STRIKE DELAYS 11 ORLY FLIGHTS
JOC Staff |
At least 11 flights were delayed Thursday at Paris' Orly Airport in a strike by maintenance staff at
SPOT COMMODITIES
JOC Staff |
Jan. 14, 1999Included are list prices of suppliers. Quotations do not necessarily represent
BELGIAN INSURERS WON'T COVER Y2K PROBLEMS
Adrian Leonard |
The Belgian Association of Marine Insurers, in a letter sent to its customers, has clarified its pos
SWISS RE EXECUTIVE FEARS Y2K SHUTDOWN ON JAN. 1
JOC Staff |
Civil disorder could erupt when the year 2000 begins and electricity grids supplying power to most U
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
VIETNAM SEES EU PACT RAISING TEXTILES EXPORTS
Ron Corben |
Vietnam's textile and garment sector is looking to lift exports in 1999 to $1.5 billion, putting spe
Maritime
SHIPPERS FACE NEW ATLANTIC GROUPING
Peter Tirschwell |
The majority of container lines in the North Atlantic trades will seek approval from U.S. and Europe
RAILROADS POST FIRST SERVICE REPORTS
Rip Watson |
North American railroads made the first in a series of weekly performance reports that could signal
WEEKLY COAL EXPORTS \ WEEK OF JAN. 4 - JAN. 8, 1999
PIERS, Journal of Commerce |
Only table.
BALTIC FREIGHT INDEX
JOC Staff |
778 (Jan. 14, 1999) Previous day - 780The Baltic International Freight Futures Market in Lon
Maritime
STUDY OFFERS AID ON CATASTROPHE FINANCING
From Wire Reports |
The methodology to determine the optimum mix of risk securitization and traditional financing to ena
CENTRIS CONFIRMS BID FROM HCC
JOC Staff |
Centris Group Inc. confirmed the receipt of an unsolicited acquisition proposal from HCC Insurance H
NORTHERN TELECOM TO SHUT PLANTS, CUT STAFF
JOC Staff |
Northern Telecom, Canada's largest high-tech company, said this week it will close plants and elimin
Maritime
LENDER APPLAUDS ROMANIAN REFORM
JOC Staff |
The World Bank believes the Romanian government is now committed to reforms needed for the country's
Maritime
IRAN HITS AZERBAIJAN OVER IMPORT DUTIES
JOC Staff |
The Iranian embassy in Azerbaijan issued a statement Thursday complaining that Iranian goods importe
Maritime
US AGAIN ASKING WTO TO SETTLE BANANA DISPUTE
Aviva Freudmann |
The United States and the European Union appear headed - albeit awkwardly - toward settlement of a n
US EXPECTS PROGRESS IN OPEN-SKIES DISCUSSIONS
Journal Of Commerce Staff |
Progress toward liberalized aviation agreements with three African countries and Argentina is expect
STAGNANT TRUCK SALES PREDICTED
Daniel J. Mccosh |
Although far from any market crisis, Mercedes-Benz de Mexico executives in Mexico say that they expe
SEA-LAND BEGINS TIANJIN PROJECT
Tim Sansbury |
One of the major sore points in the shaky U.S.-China maritime relationship has been healed.S
TRANSPORT SELLS UNIT TO EXPRESS AMERICA
JOC Staff |
Transport Corp. of America Inc. has sold its subsidiary, Transport International Express to Express
ROBINSON WORLDWIDE BUYS NORMINTER SA
JOC Staff |
C.H. Robinson Worldwide Inc. has bought Norminter SA of Caen, France, for an undisclosed sum.
TEXAS URGED TO PROVIDE TAX BREAK TO OIL PRODUCERS
Reuters |
The Texas Railroad Commission urged the state Legislature this week to provide tax relief to the sta
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
GRAMM PLANS TO EXPEDITE BANK REFORM
Bridge News |
Prospects for action on the long-stalled financial services reform legislation pending in Congress i
FLORIDA COULD GAIN IF US RESUMES TRADE WITH CUBA
Bridge News Service, Reuters, Associated Press, U.S. |
Free trade between Cuba and the United States could be a bonanza for Florida, according to a study c
AXA WON'T COMMENT ON GRE TAKEOVER RUMOR
JOC Staff |
The French insurance group AXA declined to comment on a newspaper report that it had made a takeover
AETNA BUYS LARGEST HMO IN ARGENTINA
JOC Staff |
Aetna Inc. Wednesday signed a $100 million agreement to acquire Argentina's biggest health-maintenan
CHINA CHALLENGED BY LEAP FORWARD FROM ISOLATIONISM TO WORLD STAGE
Gene Linn |
oreign executives intoxicated by opportunities opened by the first 20 years of China's economic re
QUOTE TO NOTE
Robert Perkins, Executive vice president, A.N. Deringer Inc. |
'I feel like Chicken Little, except that the sky really is falling.'
Maritime
IMF TEAM TO SUPPORT ZIMBABWE AID
JOC Staff |
An International Monetary Fund audit team said it will recommend to the fund's board that a $53 mill
Maritime
GORE ASSURES FIVE-YEAR FEDERAL FUNDING FOR NEW YORK PORT'S DREDGING PLAN
Terry Brennan |
Vice President Al Gore lent his political muscle to the Port of New York and New Jersey on Wednesday
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